7.25 Jack Afternoon Biscuit Analysis

The market started from 1860.57 and continued to fall. After hitting a low, it launched a rebound and repaired the move; when the price surged to around 1858, it encountered clear selling pressure. A single large bearish candle directly broke through short-term support, and the market weakened again. The low was tested at 1853.81, and the current price is operating at 1854.68.
The moving averages throughout the entire session have kept pressing down on the price. Every rebound fails to hold above the moving averages. The strength of the bulls’ counterattack is seriously insufficient, and the overall bearish trend is very clear. The rhythm of this up-down switching and the key pressure levels—this is something I previously fully sorted out and forecast; the chart action fully matches the logic of the analysis made in advance.
Many people, when facing this kind of ranging downward market, easily make frequent mistakes: they jump into positions too quickly after small rebounds, ignore the layered resistance above, and end up missing the moves repeatedly and getting trapped. Only by being skilled at identifying support and resistance levels, understanding the trend signals brought by the moving averages, can you reduce invalid trades and find the correct rhythm of the market. #带单 #以太 #二饼 $ETH